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Qualcomm says Apple $7 billion behind in royalty payments

Qualcomm Inc said in a court hearing on Friday that Apple Inc is $7 billion behind in patent royalty payments to the mobile chip firm, which for years supplied parts for the iPhone.

Oct 26 2018


Microsoft overtakes Amazon as second most valuable U.S. company

Microsoft Corp regained its spot as the second most valuable U.S. company on Friday after a disappointing quarterly report from Amazon.com wiped $65 billion off the online retailer’s market capitalization.

Oct 26 2018


Weak Amazon, Alphabet results ignite growth worries

Shares of Amazon.com Inc dropped by the most in four years on Friday after its outlook for holiday season sales missed targets, fanning concerns that Wall Street’s tech darlings are finally starting to face stronger competition.

Oct 26 2018


California will not enforce state net neutrality law pending appeal

The state of California on Friday agreed not to enforce its own state net neutrality law until a final court decision on the Trump administration’s decision to overturn the 2015 Obama-era open internet rules.

Oct 26 2018


Facebook removes fake accounts tied to Iran that lured over 1 million followers

Facebook Inc said on Friday it had deleted accounts originating in Iran that attracted more than 1 million U.S. and British followers, its latest effort to combat disinformation activity on its platform.

Oct 26 2018


GM wants Trump administration to back national electric vehicle program

General Motors Co said on Friday it wants the Trump administration to back a nationwide program to boost sales of zero emission vehicles like electric cars, even as the government has proposed ending California’s ability to require more clean vehicles.

Oct 26 2018


Blockchain startup hires away Google’s messaging tech leader

Blockchain technology startup Ripple Labs Inc confirmed to Reuters on Friday that it hired Amir Sarhangi, who had been leading Google’s rollout of a new wireless messaging system, as vice president of products.

Oct 26 2018


Charter signs up more internet subscribers than expected

Charter Communications Inc said on Friday it added more internet subscribers than Wall Street analysts had projected for the third quarter, making up for a drop in video subscribers that was less severe than expected.

Oct 26 2018


‘Fortnite’ creator Epic Games raises $1.25 bln from KKR, others

Epic Games, the creator of video game sensation “Fortnite”, said on Friday it received $1.25 billion in funding from investors, including KKR & Co Inc , Iconiq Capital and Smash Ventures.

Oct 26 2018

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